Holding in Company

Lindsell Train Investment Trust PLC
29 January 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) The Lindsell Train Investment Trust plc



2) Nicholas Train



3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

NOTIFICATION IN RESPECT OF SHAREHOLDER NAMED IN 2 ABOVE

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

a) N J TRAIN

b) NEW TOWN NOMINEES LTD

c) JAMES HAY PERSONAL PENSION

5) Number of shares/amount of stock acquired

a) 9,542

b) 78

c) 380

6) Percentage of issued class

a) 4.771%

b) 0.039%

c) 0.19%

7) Number of shares/amount of stock disposed



8) Percentage of issued class



9) Class of security

ORDINARY SHARES 25P

10) Date of transaction

22ND JANUARY 2001

11) Date company informed

26TH JANUARY 2001

12) Total holding following this notification

a) 9,542

b) 78

c) 380


13) Total percentage holding of issued class following this notification

a) 4.771%

b) 0.039%

c) 0.19%

14) Any additional information



15) Name of contact and telephone number for queries

CLINT TUCKEY 01277 201222

16) Name and signature of authorised company official responsible for
making this notification

CLINT TUCKEY

Date of notification .

29TH JANUARY...................2001.....